NOT LISTED FOR SALE

5 Gerrys Way Gorham, ME 04038

Estimated Value: $641,877 - $701,000

1.13 Acres
$592,229 Price per Acre
49,223 Sq Ft Lot

Last Sold September 27, 2016

Last sale price $70,000 $38 Per Sq Ft

Est. 857% increase in value since last sale

Current estimated payment $4,077/month

24 Days on Market

Highlights

  • Country Club
  • No HOA
  • Views
  • Village Elementary School Rated A-
  • Cul-De-Sac
  • Property is near a golf course

About This Lot

As of September 2016

South Gorham subdivision with desirable location and commute to Portland. Golf at Gorham Country Club.

Last Agent to Sell the Property

Keith Nicely

Bean Group Listed on: 08/19/2016

Last Buyer's Agent

Keith Nicely

EXP Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $866

Lot Details

  • 1.13 Acre Lot
  • Cul-De-Sac
  • Open Lot

Parking

  • No Driveway

Location

  • Property is near a golf course

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 501

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Property Details

Property Type

Land

Est. Annual Taxes

$866

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.13
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Driveway:No Driveway: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Site:Cul-De-Sac: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Open Lot, Near Golf Course
  • View: Fields
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 49222.8
  • Parcel #: 999999
  • Zoning: R

Tax Info

  • Tax Annual Amount: 866.0
  • Tax Lot: 501
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2017
Sold by
Strumph Thomas
Bought by
Beaumont John M and Beaumont Abby
Current Estimated Value
$669,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,320
Outstanding Balance
$258,719
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$410,500

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 28, 2016
Sold by
Gray Nancy I
Bought by
Strumph Thomas
Seller's Agent
Keith Nicely
Bean Group
Buyer's Agent
Keith Nicely
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.78%

Purchase Details

Closed on
Mar 16, 2010
Sold by
Dearborn Bros Constr
Bought by
Gray Nancy H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beaumont John M -- --
Strumph Thomas -- --
Gray Nancy H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaumont John M $309,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $70,000 -11.4% $38 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $79,000 -- $43 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,769 $460,500 $88,600 $371,900
2023 $6,332 $460,500 $88,600 $371,900
2022 $5,917 $460,500 $88,600 $371,900
2021 $5,190 $267,500 $72,600 $194,900
2020 $5,083 $267,500 $72,600 $194,900
2019 $5,037 $265,800 $72,600 $193,200
2018 $4,838 $265,800 $72,600 $193,200
2017 $2,866 $167,600 $54,500 $113,100
2016 $921 $54,200 $54,200 $0
2015 $883 $54,200 $54,200 $0
2014 $867 $49,800 $49,800 $0
2013 $862 $49,800 $49,800 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Keith Nicely

    Bean Group

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Map

Source: Maine Listings

MLS Number: 1277042

Maine Listings

APN: GRHM-000005-000021-000501

Maine Cumberland County Gorham 04038

5 Gerrys Way, Gorham, ME

Not Listed for Sale

Lots

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